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Economy

Government Punishes Farmers and Workers

Government changes to horticulture labour rules is punishing both workers and farmers.

Categories
Economy Recession

Consumer Sentiment Plunges

#Business #Recession #Economy #HeiseSays Consumer sentiment hits a four year low. References https://www.westpac.com.au/content/dam/public/wbc/documents/pdf/aw/economics-research/er20191009BullConsumerSentiment.pdf

Categories
Economy Recession

Business Confidence Declines

#Business #Recession #Economy #HeiseSays The latest NAB Business Confidence survey shows another decline in business confidence. References https://business.nab.com.au/nab-monthly-business-survey-september-2019-36962/

Categories
Economy Recession

Media Encouraging Quantitative Easing

#QuantitativeEasing #Recession #Economy #HeiseSays Is the media preparing people for Quantitative Easing? References https://www.abc.net.au/news/2019-10-07/rba-interest-rates-approach-zero-quantitative-easing/11574590?section=business

Categories
Economy

Empty Shelves Signal the Retail Recession

#Retail #Recession #Economy #HeiseSays Empty shelves and failed departments stores signal the growth of the retail recession. For a sector that employed nearly 10% of the Australian workforce, this is a big concern. References Empty shelves as Debenhams’ sole Australian department store prepares for the end https://www.news.com.au/finance/business/retail/empty-shelves-as-debenhams-sole-australian-department-store-prepares-for-the-end/news-story/3d09c7306e83b09b26537b516a0e53f4 Retail Trade http://lmip.gov.au/default.aspx?LMIP/GainInsights/IndustryInformation/RetailTrade

Categories
Political Commentary

Victoria Destroys The Solar Industry

#ALP #SolarPanels #Rebates The Victorian Labor Parties is destroying the states solar panel industry by creating the expectation of a low price in the market. How can politicians propose policies like this without economic modelling to ensure they are not going to destroy entire industries? Will the public learn? References Solar installers say rebate casts […]